Vanguard Portfolio Management filed an amended beneficial ownership statement with the SEC on October 30, 2026, reporting a 4.36% stake in Red Rock Resorts Inc as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported 2,578,529 shares of Red Rock Resorts Inc common stock beneficially owned.
  • Percent of class: The reported position represents 4.36% of the outstanding class of common stock (CUSIP 75700L108).
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 2,578,529 shares, with no shared dispositive power reported.
  • Sole voting power: Sole voting power covers 44,304 shares; shared voting power is reported as zero.
  • Affiliates included: The filing covers securities held through Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, in addition to Vanguard Portfolio Management LLC directly.
  • Triggering event date: The event requiring this amended filing occurred on September 30, 2026.

Vanguard Portfolio Management's Position in Red Rock Resorts

According to the amended filing, Vanguard Portfolio Management LLC, an investment adviser organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA 19355, reported aggregate beneficial ownership of 2,578,529 shares of common stock in Red Rock Resorts Inc (NASDAQ:RRR), a Las Vegas-based gaming and hospitality company whose principal executive offices are located at 1505 South Pavilion Center Drive, Las Vegas, NV 89135. The reported position equals 4.36% of the outstanding class, placing it below the 5% threshold noted in Item 5 of the filing.

The filing, which constitutes Amendment No. 1, states that the reported securities include shares held by Vanguard funds or sleeves thereof over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients of affiliated entities Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. The filing notes explicitly that it does not include securities beneficially owned by other subsidiaries or affiliates whose ownership is disaggregated from the reporting business unit in accordance with SEC Release No. 34-39538 (January 12, 1998).

Vanguard Portfolio Management disclosed that it, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, "have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and further stated that "no one other person's interest in the securities reported herein is more than 5%." The filing was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Portfolio Management filed an amended beneficial ownership report covering 2,578,529 shares of Red Rock Resorts Inc common stock, representing 4.36% of the class, with a triggering event date of September 30, 2026, and sole dispositive power over all reported shares.